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Wednesday, Jun 09, 2004

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AMC to offer 5 plans by month-end

Our Bureau

Mumbai, June 8

ABN Amro Asset Management India Ltd, promoted by ABN Amro Bank N.V (India), is all set to start five schemes by June-end.

"We will start with five schemes by month-end. They will debt, equity and balance schemes. The IPO of the schemes will be in July,'' said Mr Romesh Sobti, Executive Vice-President and Country Representative.

The mutual fund, which has all the clearances in place, has a team of 20 headed by Mr Nikhil Johri, former CEO of Alliance Capital.

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